AireXpert, a Buffalo, NY-based provider of aerospace and aviation collaboration and automation solutions, closed a $3 million oversubscribed funding.
SaaS Investors
The investment round was led by Miami-based growth equity firm Reformation Partners.
Reformation Partners is an early-growth equity firm that invests in the best capital-efficient businesses. Founded in 2019 and is based in New York, New York.
AireXpert Use of Funds
The funds will be used to enhance the team, accelerate expansion into key markets, and further develop the company's technology.
About AireXpert
Founded by Andy Hakes, AireXpert is a company that focuses on the aviation industry, specifically in the domain of aircraft maintenance and MRO (Maintenance, Repair, and Overhaul) software. The company offers a platform that optimizes aircraft maintenance operations through real-time collaboration and event-driven data, providing a single source of truth for technical, engineering, and management teams.
Funding Details
Company: AireXpert
Raised: $3.0M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Reformation Partners
Additional Investors:
Company Website: https://www.airexpert.net/
Software Category: Aircraft Maintenance and MRO Software
Source: https://www.businesswire.com/news/home/20231116077694/en/